20 Tech shares buoy Wall Street in early trading - IBTimes UK

Tech shares buoy Wall Street in early trading

July 18, 2012 3:14 PM GMT

Stocks turned positive in early trading on Wednesday, led by technology shares including EMC Corp after the company announced an executive shuffle and posted strong preliminary results.

The Dow Jones industrial average <.DJI> edged up 5.45 points, or 0.04 percent, to 12,810.99. The S&P 500 Index <.SPX> gained 2.45 points, or 0.18 percent, to 1,366.12. The Nasdaq Composite <.IXIC> rose 16.24 points, or 0.56 percent, to 2,926.28.

EMC shares jumped 9.1 percent to $25 after the data storage equipment maker replaced the CEO of its software unit VMware Inc .

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(Editing by Dave Zimmerman)

Copyright 2012 Thomson Reuters. All rights reserved.

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